Studio Investment Management LLC Cuts Position in Vanguard Total Stock Market ETF $VTI

Studio Investment Management LLC lowered its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 16.2% in the second quarter, Holdings Channel.com reports. The fund owned 14,188 shares of the ETF’s stock after selling 2,741 shares during the quarter. Studio Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $5,250,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in VTI. Core Wealth Advisors LLC acquired a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $30,000. Wealth Watch Advisors INC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at approximately $31,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at approximately $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $33,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $379.73 on Monday. The stock has a market cap of $680.70 billion, a P/E ratio of 24.26 and a beta of 1.01. The stock’s 50 day simple moving average is $373.93 and its 200 day simple moving average is $357.29. Vanguard Total Stock Market ETF has a 1-year low of $310.40 and a 1-year high of $385.12.

Vanguard Total Stock Market ETF Profile

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.